Big Money! 5 Marijuana Stocks With The Largest Production Capacity

The Marijuana industry is booming these days. We’ve all heard and seen the massive upswing that the marijuana has had in the past few years, but this year seems to be the biggest yet. There is a growing buzz surrounding marijuana stocks and today we take a closer look. Today we take a look at 5 Marijuana Stocks With The Largest Production Capacity.

Aurora Cannabis: 240,000 to 270,000 kilograms

The company’s second quarter results suggest that it has anywhere from 240,000 kilograms to 270,000 kilograms of dried cannabis production capacity in 2019. Of course, this all depends on how quickly it receives licenses from Health Canada. The bulk of their production is expected to come from two facilities.

Aphria: 230,500 kilograms

Coming in a very close second, Aphria is on track for 230,000 kilograms of production in 2019. This might be a conservative estimate as the company’s flagship project is its four-phase, more than $100 million buildout over 1 million square feet. Once complete in January 2019, it’ll be capable of producing 100,000 kilograms annually. They are also in a strategic relationship with Double Diamond Farms in January 2018 that will produce 120,000 kilograms of additional annual supply.

Cannabis Wheaton Income Corp.: 230,000 kilograms

Not a traditional grower, Cannabis Wheaton is a royalty-based cannabis company that provides up-front capital to growers. The capital that growers receive is used to expand capacity or a product line. The company pays a below-market rate for the product it receives, then sells that product for market rates, thus pocketing the difference as profit. The word is that the company expects an average internal rate of return for its deals to be 60% or greater.

MedReleaf: 140,000 kilograms

They went public last year and focused on organically building out its Bradford, Ontario, facility. Once complete the 210,000 square foot facility will produce 35,000 kilograms. The 69 acres of property exists the Exeter Facility, a greenhouse that the company plans to retrofit to harvest cannabis. This would push the number to 105,000 kilograms of cannabis a year.

Canopy Growth Corp.: approximately 300,000 kilograms

This company has been tight-lipped on their annual production capacity. They are also the only grower among the big five to not have offered guidance to Wall Street. Canopy Growth has seven operating grow facilities currently spanning 665,000 square feet of growing space. They have expanded their growing capacity organically, as well as through acquisitions. While there is no word on how much production capacity they will offer, expectations are around 300,000 kilograms of production in 2019.